Funded

Total loan: $1,000
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Francisco


A loan of $1,000 helped to pay the balance on a car to be a taxi.


Francisco's story

Francisco lives in the city of Tarija. Francisco is married and has a house with his wife and son next to his parents in law's house, so he doesn't pay rent. He is a taxi driver and with his wife has a business making and distributing potato chips and sugared peanuts. This business is located in his house and the products are made daily with an increase in production on Fridays and Saturdays. Francisco tells us that with the loan he will take out, he will buy a vehicle, because he already has some capital and he only lacks the balance, which is the ammount of the loan. The vehicle, in addition to being used as a taxi, will be used as a means of distribution for the products. According to the experience in the business that he has, his sales will increase as they make improvements on the business.

Translator profile picture

Translated from Spanish by Kiva volunteer Ellen Donohue



Loan details

Loan length:

15 months
Disbursed date: June 21, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: June 21, 2012